1-bed · 898 sqftAl Fouad, Al Furjan · 6th floor · completed 2017

608, Al Fouad

Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 23 October 2024
Last soldAED 317K13 October 2023
Current rentAED 53K /yr23 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Al Fouad

What is 608 worth today?

Last sold for AED 317,059 in 2023

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23 Oct 2024RentedRenewal
AED 52,500/yr6 months · AED 58 per sqft
13 Oct 2023Sold by developerReady · flagged as an outlier
AED 317,059AED 353 per sqft
23 Sep 2023RentedNew contract
AED 50,000/yr13 months · AED 56 per sqft
1 Feb 2023RentedRenewal
AED 40,000/yr12 months · AED 45 per sqft
1 Feb 2022RentedRenewal
AED 37,000/yr12 months · AED 41 per sqft
1 Feb 2021RentedRenewal
AED 38,000/yr12 months · AED 42 per sqft
1 Dec 2019RentedNew contract
AED 50,000/yr14 months · AED 56 per sqft

Source: Dubai Land Department. Updated 23 October 2024.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
6th of 10
Parking
G-84
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 9,500 /yr
Last sold
AED 317K · October 2023
Building
Al Fouad

About 608, Al Fouad

608 is a one-bedroom apartment of 898 sqft on the 6th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer. The developer sold it on 13 October 2023 for AED 317,059, or AED 353 per sqft, 49% below the AED 688 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 23 October 2024, is AED 52,500 a year: a gross yield of 16.6% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Al Fouad
250K500K750K2017202020232026Typical sale price by year: 2017 AED 750,000; 2018 AED 757,000; 2019 AED 705,500; 2022 AED 272,882; 2023 AED 295,733; 2024 AED 650,000; 2025 AED 800,000

No registered sale of 608; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, each contractTypical one-bed in Al Fouad
40K50K60K2018202120242027Typical rent by year: 2018 AED 58,000; 2019 AED 49,000; 2020 AED 43,000; 2021 AED 37,500; 2022 AED 38,000; 2023 AED 44,000; 2024 AED 48,700; 2025 AED 51,400; 2026 AED 51,400New contract, December 2019: AED 50,000 a yearRenewal, February 2021: AED 38,000 a yearRenewal, February 2022: AED 37,000 a yearRenewal, February 2023: AED 40,000 a yearNew contract, September 2023: AED 50,000 a yearRenewal, October 2024: AED 52,500 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Fouad, and where 608 sits

All 67 1-beds →

608 last sold in October 2023 at AED 353 per sqft, 49% below what one-beds in Al Fouad were fetching at the time (AED 688). Over the last 12 months one-beds sold for AED 849,000, around AED 945 per sqft, and rent for AED 48,000 to 70,000 a year. 608's AED 52,500 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026849,000
17 Jun 2025800,000
8 Apr 2025715,000
27 Feb 2025800,000
1 1-bed sale in the last 12 months

Al Fouad

Building

105 apartments, studios to 3-bed over 10 floors in Al Furjan, completed in 2017 by Sooma Real Estate Developer. 1 sold in the last 12 months.

Typical price per sqft
AED 945
Typical sale
AED 849K
Typical rent
AED 52K /yr
Typical yield
7.7%
Al Fouad, Al Furjan: prices, sales and rents →

Other units on the 6th floor

All 105 units in Al Fouad
Value
6011-bedNo registered sale
602StudioAED 440K · Nov 2017
6032-bedAED 480K · May 2018
6041-bedNo registered sale
6051-bedAED 650K · May 2018
6061-bedAED 575K · Dec 2021
6071-bedAED 210K · Mar 2023
1–7 of 10

608, Al Fouad in numbers

  • Sold once: by Sooma Real Estate Developer on 13 October 2023 for AED 317,059, or AED 353 per sqft.
  • Rented since December 2019 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 37,000 in 2022 and recovered to AED 52,500 by October 2024.
  • At AED 52,500 a year the gross yield on the 2023 price is 16.6%, before a service charge of about AED 9,500 a year (AED 10.56 per sqft).
  • One-beds in Al Fouad sold for AED 849,000–849,000 in the 12 months to November 2026; the building's median across all types is AED 945 per sqft.

Source: Dubai Land Department. Updated 23 October 2024.

Questions about 608, Al Fouad

What did unit 608 last sell for?

AED 317,059 on 13 October 2023, sold by the developer: AED 353 per sqft for 898 sqft. It is the only registered sale of the unit.

What is the rent for unit 608?

AED 52,500 a year on the contract renewed on 23 October 2024. The previous contract, from September 2023, was AED 50,000; the unit has been rented since December 2019.

How big is unit 608?

898 sqft (83.4 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit 608 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Fouad sold for AED 849,000 to 849,000 in the last 12 months, around AED 945 per sqft.

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Mortgage on 608, Al Fouad

Starts from the last sale price (AED 317K, 13 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 317,059
Deposit, UAE resident (20%)
AED 63,412
Deposit, non-resident (40%)
AED 126,824
Monthly over 25 years at 3.7%
AED 1,297

Plus AED 16,226 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →